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| Apple Twitter |
CALIFORNIA - The recent news that Apple plans to use some of his funds worth USD117 billion to invest in Twitter.
Cnet proclaimed, Saturday (07/28/2012), The New York Times said the two companies have been linked in talks for several months. But now they are not currently in negotiations.
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| Twitter Logo |
Apple considered potentially invest a few hundred million dollars to Twitter. The microblogging site, has now collected approximately nearly $ 1 billion for funding.
Twitter has had a lot of money and is expected to generate approximately U.S. $ 300 million in ad sales this year. Twitter CEO Dick Costolo has revealed that the initial public offering is not too think about.
"I do not worry about it. If you can wait until the business and the results speak for, you can become a public company in terms of your own," he said.
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| Apple |
Investment from Apple would be a strategic move to strengthen the relationship with Twitter. This microblogging site has approximately 140 million active users that generate approximately 3 billion chirp every week.
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